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Cowen Boosts PT on Qualcomm (QCOM) to $74 Amid NXP Semi (NXPI) Chatter; Xilinx (XLNX) Also Seen as Potential Suitor

Go back to Cowen Boosts PT on Qualcomm (QCOM) to $74 Amid NXP Semi (NXPI) Chatter; Xilinx (XLNX) Also Seen as Potential Suitor

Texas Instruments (TXN) Could be a Dark Horse in NXP Semi (NXPI) Bidding - Nomura

October 4, 2016 9:59 AM EDT

Nomura Securities analyst Romit Shah said it is almost inevitable that NXP Semiconductors NV (NASDAQ: NXPI) get acquired, and as a result he reiterated his Buy rating and raised his price target to $120.00 (from $95.00). While most expect Qualcomm (NASDAQ: QCOM) to win the process, and they don't disagree, they see Texas Instruments (NASDAQ: TXN) as a dark horse that hasn't been seriously thought of and could scoop up NXP.

Shah highlights that Texas Instruments has M&A in their DNA. The company has made 33 acquisitions over the... More

Drexel Hamilton Not Fans of Rumored NXP (NXPI) Takeover Price, Says $40-$45B Should Be Minimum

September 30, 2016 12:29 PM EDT

Drexel Hamilton analyst Cody Acree weighed in on NXP Semiconductors NV (NASDAQ: NXPI) amid reports Qualcomm (NASDAQ: QCOM) is looking to acquire the company. Acree said NXP doesn't need Qualcomm and they are not fans of the reported $30 billion takeover price. The analyst said $40-$45 billion is the minimum that should be even considered.

Acree commented, "While we see some... More

NXP Semiconductor (NXPI) Worth $136-$172/Share in a Deal - Jefferies

September 30, 2016 6:51 AM EDT

Jefferies analyst Mark Lipacis weighed in on NXP Semiconductors NV (NASDAQ: NXPI) following reports Qualcomm in is talks to acquire the company in a deal that agreed upon in 2-to-3 months.

Lipacis said while a deal is not certain, NXP could... More

NXP Semi (NXPI) 'Will Not Comment' on Qualcomm (QCOM) Speculation

September 29, 2016 3:12 PM EDT

NXP Semiconductors (Nasdaq: NXPI) commented on chatter that it and Qualcomm (Nasdaq: QCOM) could be in merger talks.

One rep for the NXP Semi told StreetInsider, We have a policy to not comment on rumors or speculation.

Shares of NXP Semi are up over 15 percent late Thursday.

... More

NXP Semiconductors explores sale to Qualcomm: sources

September 29, 2016 1:31 PM EDT

By Greg Roumeliotis and Liana B. Baker

(Reuters) - NXP Semiconductors NV (NASDAQ: NXPI) is exploring selling itself to Qualcomm Inc (NASDAQ: QCOM) in a deal that could be valued at more than $30 billion, two sources familiar with the matter said on Thursday.

The deal would help diversify Qualcomm's business and make it a bigger supplier to the automotive industry. Talks are in the early stages and NXP may entertain other offers, should they emerge, according to one of the sources.

An... More

Lam Research (LRCX) Gains on Sector M&A Headlines

September 29, 2016 1:28 PM EDT

Lam Research (NASDAQ: LRCX) is another chip stock seeing upside on reports Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI). Shares of LRCX are up 1.2%.

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Qualcomm (QCOM) in Talks to Acquire NXP Semiconductors (NXPI) - DJ

September 29, 2016 1:11 PM EDT

(Updated - September 29, 2016 1:13 PM EDT)

Qualcomm (NASDAQ: QCOM) is in talks to acquire NXP Semiconductors (Nasdaq: NXPI), according to Dow Jones. The report said a deal could be stuck in the next two to three months. The... More